What's happening?
1. -363.3K CFTC S&P 500 spec. net positions(highest in years, on October 2008 it was -365,697)
2. VIX 15.77 (52-week low)
3. DXY 101.672 (near 52week-low)
4. 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M)-1.66 (lowest ever)
5. AAII sentiment
4/26/2023
Bullish 24.1%
Neutral 37.4%
Bearish 38.5%
6. BTC = +76% YTD
7. SPX above all relevant moving averages and above AVWAP from all time high
8. Short term traders waiting for setups and market breadth improvement
Until the end of the year S&P500 will end up higher, lower, about the same?
Higher
Lower
Sideways
Feel free to add or correct data in favor of any outcome. Happy hunting.
1. -363.3K CFTC S&P 500 spec. net positions(highest in years, on October 2008 it was -365,697)
2. VIX 15.77 (52-week low)
3. DXY 101.672 (near 52week-low)
4. 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M)-1.66 (lowest ever)
5. AAII sentiment
4/26/2023
Bullish 24.1%
Neutral 37.4%
Bearish 38.5%
6. BTC = +76% YTD
7. SPX above all relevant moving averages and above AVWAP from all time high
8. Short term traders waiting for setups and market breadth improvement
Until the end of the year S&P500 will end up higher, lower, about the same?
Higher
Lower
Sideways
Feel free to add or correct data in favor of any outcome. Happy hunting.